A person working as a Drilling Engineer in Armenia typically earns around 682,000 AMD per month. Salaries range from 354,000 AMD (lowest) to 1,040,000 AMD (highest).
This is the average monthly salary including housing, transport, and other benefits. Drilling Engineer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Drilling Engineer salaries in Armenia range from 354,000 AMD per month (minimum salary) to 1,040,000 AMD per month (maximum salary).
The median salary is 654,000 AMD per month, which means that half (50%) of people working as Drilling Engineer(s) are earning less than 654,000 AMD while the other half are earning more than 654,000 AMD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Drilling Engineer(s) are earning less than 454,000 AMD while 75% of them are earning more than 454,000 AMD. Also from the diagram, 75% of Drilling Engineer(s) are earning less than 815,000 AMD while 25% are earning more than 815,000 AMD.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Drilling Engineer salaries by experience level and this is what we found.
A Drilling Engineer with less than two years of experience makes approximately 403,000 AMD per month.
While someone with an experience level between two and five years is expected to earn 540,000 AMD per month, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 702,000 AMD per month, 30% more than someone with two to five years of experience.
Additionally, Drilling Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 850,000 AMD per month, 21% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 929,000 AMD per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 978,000 AMD per month, 5% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+30%|
|10 - 15 Years||+21%|
|15 - 20 Years||+9%|
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Drilling Engineer salaries by education level in order to make a comparison.
When the education level is Certificate or Diploma, the average salary of a Drilling Engineer is 478,000 AMD per month.
While someone with a Bachelor's Degree gets a salary of 726,000 AMD per month, 52% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 1,030,000 AMD per month, 42% more than someone with a Bachelor's Degree.
|Certificate or Diploma|
A Master's degree program or any post-graduate program in Armenia costs anywhere from 3,880,000 Armenian Dram(s) to 11,600,000 Armenian Dram(s) and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Drilling Engineer employees in Armenia earn 9% more than their female counterparts on average.
Drilling Engineer(s) in Armenia are likely to observe a salary increase of approximately 7% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Listed above are the average annual increase rates for each industry in Armenia for the year 2020. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
A Drilling Engineer is considered to be a low bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
90% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 10% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.
The most standard form of bonus where the employee is awarded based on their exceptional performance.Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.Goal-Based Bonuses
Granted upon achieving an important goal or milestone.Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs
|Revenue Generators||Supporting Cast|
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.
Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The average salary for Drilling Engineer is 4% more than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
|Job Title||Average Salary|
|Acoustics Engineer||677,000 AMD||-1%|
|Assembly Engineering Technician||564,000 AMD||-17%|
|Assistant Chief Engineer||827,000 AMD||+21%|
|Associate Engineer||643,000 AMD||-6%|
|Autocad Operator||459,000 AMD||-33%|
|Automation Engineer||772,000 AMD||+13%|
|Avionic System Support Engineer||656,000 AMD||-4%|
|Biochemical Engineer||654,000 AMD||-4%|
|BMS Engineer||679,000 AMD||-0%|
|Bridge and Lock Tender||376,000 AMD||-45%|
|Broadcast Engineer||685,000 AMD||+0%|
|CAD Design Engineer||703,000 AMD||+3%|
|CAD Designer||431,000 AMD||-37%|
|CAE Engineer||706,000 AMD||+4%|
|Ceramics Engineer||619,000 AMD||-9%|
|Civil Engineer||707,000 AMD||+4%|
|Commissioning Engineer||671,000 AMD||-2%|
|Communications Engineer||764,000 AMD||+12%|
|Condition Monitoring Engineer||639,000 AMD||-6%|
|Contract Associate Engineer||666,000 AMD||-2%|
|Control Systems Engineer||704,000 AMD||+3%|
|Controls Engineer||713,000 AMD||+5%|
|Controls Software Engineer||638,000 AMD||-6%|
|Corrosion Engineer||669,000 AMD||-2%|
|Design Engineer||709,000 AMD||+4%|
|Drafting Manager||841,000 AMD||+23%|
|Drilling Engineer||682,000 AMD||+0%|
|Electrical Draughtsman||374,000 AMD||-45%|
|Electrical Engineer||779,000 AMD||+14%|
|Electrical Engineering Manager||1,030,000 AMD||+51%|
|Electromechanical Engineering Technologist||732,000 AMD||+7%|
|Electromechanical Equipment Assembler||361,000 AMD||-47%|
|Energy Engineer||749,000 AMD||+10%|
|Engine Assembler||322,000 AMD||-53%|
|Engineering Account Manager||787,000 AMD||+15%|
|Engineering Chief Designer||767,000 AMD||+13%|
|Engineering Consultant||995,000 AMD||+46%|
|Engineering Key Account Manager||1,040,000 AMD||+53%|
|Engineering Lab Technician||653,000 AMD||-4%|
|Engineering Planning Manager||948,000 AMD||+39%|
|Engineering Production Manager||1,320,000 AMD||+94%|
|Engineering Project Analyst||832,000 AMD||+22%|
|Engineering Project Coordinator||862,000 AMD||+26%|
|Engineering Project Director||1,490,000 AMD||+120%|
|Engineering Project Manager||994,000 AMD||+46%|
|Engineering Research and Development Manager||1,160,000 AMD||+70%|
|Engineering Safety Coordinator||540,000 AMD||-21%|
|Engineering Sales Manager||948,000 AMD||+39%|
|Engineering Technician||551,000 AMD||-19%|
|Engineering Technologist||542,000 AMD||-20%|
|Environmental Engineer||718,000 AMD||+5%|
|Equipment Engineer||676,000 AMD||-1%|
|Equipment Engineering Manager||893,000 AMD||+31%|
|Fabrication Specialist||482,000 AMD||-29%|
|Facade Engineer||663,000 AMD||-3%|
|Fiber Analyst||404,000 AMD||-41%|
|Field Engineer||712,000 AMD||+4%|
|Field Engineering Manager||1,170,000 AMD||+72%|
|Fire Engineer||689,000 AMD||+1%|
|Fitter and Turner||223,000 AMD||-67%|
|Forestry Strategic Planner||806,000 AMD||+18%|
|Generation Engineer||724,000 AMD||+6%|
|Genetic Engineer||757,000 AMD||+11%|
|Geological Engineer||729,000 AMD||+7%|
|Geotechnical Engineer||746,000 AMD||+9%|
|Heavy Equipment Mechanic||363,000 AMD||-47%|
|Highway Engineer||707,000 AMD||+4%|
|HSE Professional||642,000 AMD||-6%|
|HVAC Engineer||763,000 AMD||+12%|
|HVAC Supervisor||637,000 AMD||-7%|
|Industrial Engineer||698,000 AMD||+2%|
|Industrial Engineering Technologist||708,000 AMD||+4%|
|Instrument Engineer||702,000 AMD||+3%|
|Instrumentation and Control Engineer||720,000 AMD||+6%|
|Instrumentation Engineer||671,000 AMD||-2%|
|Instrumentation Manager||735,000 AMD||+8%|
|Irrigation Engineer||711,000 AMD||+4%|
|Licensed Aircraft Engineer||756,000 AMD||+11%|
|Locomotive Engineer||681,000 AMD||-0%|
|Maintenance Engineer||694,000 AMD||+2%|
|Maintenance Fitter||249,000 AMD||-63%|
|Maintenance Manager||741,000 AMD||+9%|
|Manufacturing Engineer||652,000 AMD||-4%|
|Marine Engineer||688,000 AMD||+1%|
|Materials Engineer||679,000 AMD||-0%|
|Materials Researcher||648,000 AMD||-5%|
|Materials Technician||498,000 AMD||-27%|
|Mechanical and Electrical Engineer||725,000 AMD||+6%|
|Mechanical Design Engineer||782,000 AMD||+15%|
|Mechanical Designer||640,000 AMD||-6%|
|Mechanical Engineer||745,000 AMD||+9%|
|Mechanical Engineering Manager||993,000 AMD||+46%|
|Mechanical Inspector||679,000 AMD||-0%|
|Mechatronics Engineer||759,000 AMD||+11%|
|Mining Engineer||726,000 AMD||+6%|
|Oil and Petrochemical Engineer||789,000 AMD||+16%|
|Optical Engineer||689,000 AMD||+1%|
|Optical Instrument Assembler||363,000 AMD||-47%|
|PCB Assembler||259,000 AMD||-62%|
|Photonics Engineer||785,000 AMD||+15%|
|Photonics Technician||647,000 AMD||-5%|
|Pipeline Engineer||636,000 AMD||-7%|
|Piping Designer||381,000 AMD||-44%|
|Piping Engineer||650,000 AMD||-5%|
|Planning Engineer||697,000 AMD||+2%|
|Pressure Vessel Inspector||330,000 AMD||-52%|
|Principal Cost Engineer||711,000 AMD||+4%|
|Principal Engineer||720,000 AMD||+6%|
|Principal Support Engineer||728,000 AMD||+7%|
|Process Engineer||723,000 AMD||+6%|
|Process Operator||428,000 AMD||-37%|
|Product Development Engineer||768,000 AMD||+13%|
|Product Development Technician||509,000 AMD||-25%|
|Product Engineer||703,000 AMD||+3%|
|Product Safety Engineer||653,000 AMD||-4%|
|Production Engineer||685,000 AMD||+0%|
|Project Engineer||722,000 AMD||+6%|
|Proposal Manager||879,000 AMD||+29%|
|Purchasing Engineer||680,000 AMD||-0%|
|Quality Assurance Engineer||684,000 AMD||+0%|
|Rail Engineer||703,000 AMD||+3%|
|Robotics Engineer||786,000 AMD||+15%|
|Robotics Technician||575,000 AMD||-16%|
|Safety Engineer||705,000 AMD||+3%|
|Safety Inspector||537,000 AMD||-21%|
|Safety Manager||807,000 AMD||+18%|
|Safety Officer||372,000 AMD||-45%|
|Sales Engineer||758,000 AMD||+11%|
|Scheduling Engineer||652,000 AMD||-4%|
|Service Engineer||772,000 AMD||+13%|
|Solar Engineer||768,000 AMD||+13%|
|Staff Engineer||677,000 AMD||-1%|
|Static Equipment Engineer||682,000 AMD||+0%|
|Stationary Engineer||618,000 AMD||-9%|
|Stress Engineer||673,000 AMD||-1%|
|Structural Analysis Engineer||717,000 AMD||+5%|
|Structural Designer||620,000 AMD||-9%|
|Structural Engineer||725,000 AMD||+6%|
|Structural Technician||434,000 AMD||-36%|
|Supply Chain Specialist||668,000 AMD||-2%|
|Technical Affairs Officer||360,000 AMD||-47%|
|Technical Assistant||372,000 AMD||-45%|
|Technical Engineer||608,000 AMD||-11%|
|Technical Support Engineer||639,000 AMD||-6%|
|Tender Engineer||635,000 AMD||-7%|
|Test Development Engineer||702,000 AMD||+3%|
|Transportation Engineer||677,000 AMD||-1%|
|Validation Engineer||639,000 AMD||-6%|
|Verification Engineer||689,000 AMD||+1%|
|Wastewater Engineer||698,000 AMD||+2%|
|Wind Energy Engineer||706,000 AMD||+4%|
|Wind Energy Operations Manager||934,000 AMD||+37%|
|Work Planner||507,000 AMD||-26%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Armenia earn 18% more than their private sector counterparts on average across all sectors.